It is Right to Abolish Mobile Phone Subsidy Law (Announced by Professor, Young Sun Kwon)

Korea’s mobile communication market has more than 100% of mobile phone subscription rate. Thus, the competition among businesses is intense to secure a share of the market. The government insists that they should compete on services, but they are already world leading providers of communication services. Others insist on abolishing the maximum subsidy for mobile phones and keep the mobile phone subsidy regulation. However, it is likely just to abolish the law. Therefore, it is right to abolish the mobile phone subsidy law.

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